By Editorial Dept – Nov 06, 2020, 12:00 PM CST As the Trump administration continues to slap more sanctions on Iranian oil and launches a flurry of enforcement actions, seizing Iranian weapons and oil bound for Venezuela, some are hedging that a potential Biden victory could lead to a relaxation of sanctions on Iran and...Continue Reading
By Editorial Dept – Nov 06, 2020, 12:00 PM CST This election is, depending on whether you are a political junkie or a normal, sane human being, either the gift that keeps on giving or remarkably similar to the virus that has accompanied it: an annoying, stress-inducing thing that just refuses to go away. Either...Continue Reading
By Editorial Dept – Nov 06, 2020, 12:00 PM CST 1. Oil demand weaker-than-expected – The recent spike in covid cases in Europe and the U.S. could undercut oil demand figures in the fourth quarter and into 2021. – According to Standard Chartered, demand could fall by 2.17 mb/d to 90.51 mb/d in November, largely...Continue Reading
By Editorial Dept – Nov 06, 2020, 12:00 PM CST U.S. West Texas Intermediate crude oil futures are trading lower on Friday, pressured by the steady rise in coronavirus infections and as the outcome of the U.S. presidential election remains unsettled. Nonetheless, the market is expected to finish the week higher after reversing weakness. Near-term...Continue Reading
Colorado Takes Aim At Oil, Gas Well Flaring | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Nov 06, 2020, 11:30 AM CST Colorado energy regulators have voted for a curtailment of gas...Continue Reading
Elon Musk’s $250 Tesla Tequila Is Already Sold Out | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Premium Content By Charles Kennedy – Nov 06, 2020, 11:00 AM CST Tesla introduced on Thursday Tesla Tequila, the latest merchandise Elon Musk has offered to his aficionados, and the US$250 a bottle tequila...Continue Reading
Shell To Shut Down Louisiana Refinery | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Nov 06, 2020, 10:00 AM CST Royal Dutch Shell will shut down its Convent refinery in Louisiana after...Continue Reading
Trump Replaces FERC Chairman In Surprise Move | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Nov 06, 2020, 9:30 AM CST President Donald Trump surprised many this week with the removal of Neil Chatterjee from the post of chairman of the Federal Energy Regulatory Commission....Continue Reading
Oil Prices Slide As Election Uncertainty Remains | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Nov 06, 2020, 9:00 AM CST Oil prices dropped by nearly 2 percent early on...Continue Reading
As part of the collaboration agreement, the two companies will leverage their complementary portfolios and competencies to investigate, develop, and optimize technology and equipment packages to enhance the sustainability and performance of petrochemical facilities. SourceContinue Reading